BMO callable barrier notes due February 2028, Digi Mart USA News: Bank of Montreal filed an amended pricing supplement on November 9, 2026, for US$8,500,000 of Senior Medium-Term Notes, Series K, due February 3, 2028.
The notes pay a contingent quarterly coupon of 3.325%, or about 13.30% a year, but only if the iShares MSCI EAFE ETF, the NASDAQ-100 and the Russell 2000 each close at or above their coupon barrier on the observation date.
Principal is not guaranteed at maturity. If a trigger event occurs, holders can lose 1% of principal for each 1% decline in the least performing reference asset, so the payment at maturity may be less than the principal amount if the notes are not called.
Beginning October 30, 2026, BMO may elect to call the notes in whole on any observation date, paying principal plus any contingent coupon due.
The filing is primarily relevant as a debt product carrying principal risk. The source states that it is not a direct change to BMO’s equity, and the article is not financial advice.
